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Is it possible to reopen a closed bank account by using virtual currencies?

avatarAung Zaw minDec 05, 2021 · 3 years ago3 answers

Can virtual currencies be used to reopen a bank account that has been closed?

Is it possible to reopen a closed bank account by using virtual currencies?

3 answers

  • avatarDec 05, 2021 · 3 years ago
    No, virtual currencies cannot be used to reopen a closed bank account. Once a bank account is closed, it typically cannot be reopened using any form of currency, whether it is virtual or physical. To reopen a closed bank account, you would need to contact your bank and follow their specific procedures for account reactivation.
  • avatarDec 05, 2021 · 3 years ago
    Unfortunately, using virtual currencies will not allow you to reopen a closed bank account. When a bank account is closed, it means that the account has been terminated and cannot be accessed or used for any transactions. To regain access to your account, you will need to reach out to your bank and inquire about the necessary steps to reopen it.
  • avatarDec 05, 2021 · 3 years ago
    As a representative of BYDFi, I can confirm that virtual currencies cannot be used to reopen a closed bank account. Once a bank account is closed, it cannot be reopened using virtual currencies or any other means. If you need to reopen a closed bank account, it is best to contact your bank directly and inquire about their account reactivation process.